Brief

The Tobin Tax: A Review of the Evidence

Published on 11 May 2011

The Tobin tax, a small levy on foreign exchange transactions, should theoretically discourage speculation and thereby stabilise markets. What is the evidence for and against Tobin and other financial transaction taxes regarding their impact on market volatility, their feasibility and the revenue they might produce, and who ends up paying?

Authors

Neil McCulloch

Honorary Associate

Publication details

published by
IDS
authors
McCulloch, M. and Pacillo, G.
journal
IDS Research Summary of IDS Research Report, issue 68

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